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Sinoma buys LNV Tech

Sinoma International Engineering (Hong Kong), a part of the Chinese state-run National Materials Group Corporation, acquired a majority stake in Chennai-based equipment manufacturer LNV Technology.

Chinese cement equipment firm buys stake in LNV Tech

Sinoma International Engineering (Hong Kong), a part of the Chinese State-run National Materials Group Corporation, has entered the Indian cement equipment industry by acquiring a majority stake in Chennai-based equipment manufacturer LNV Technology. Sinoma International has 80 per cent market share in the cement equipment industry in China.

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